Payment of Taxes
Hi,
How do we do payment of Taxes for the vat/Central Excise/TDS Either By cash/By Cheque ?
Thanks,
Mansoor
Hi Mansoor,
What is your B1 version and PL? Talking about payment, you need an Invoice first.
Thanks,
Gordon
Similar Messages
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Down Payment with Tax Juristiction
Hi All,
We are working on a process where the client(US & CA) needs the Juristiction Tax to be calculated on the Down Payments. Is anyone worked on this scenerio and please guide us how to do this?
Thanks in Advance
Vinu NanjanHi,
As like normal sales order you can determine taxes in DOWN PAYMENT Request.
kapil -
Service Tax On Down Payment and Tax Payment Wizard
Hi All,
We would like to make a down payment and apply service tax to it.
Once i create a AP Down payment invoice with the service tax, make an outgoing payment against it, create AP Invoice and adjust the down payment, now after following this procedure, when i run the tax payment wizard, the service credit available becomes zero.
It works well in case of partial payment but not 100% advance. Has anyone faced this issue??
How can this be resolved?
Thanks,
JosephHi Rahul,
Exactly! The system doesnt consider the tax on DP when we check through Tax Payment Wizard.
I guess this is a missing functionality? What do you think? Because there may be a chance that the service tax may get deducted at down payment! What is your take on this?
Looking for valuable responses from other experts too!
Thanks,
Joseph -
Hi All,
We have a customer in the US where an issue has come up regarding the down payment functionality. A message was logged with SAP support and they advised us to post a requirement for missing functionality in US localisation here. The scenario is as follows:
Create DP invoice of say $10000. They recieve the full $10000 via incoming payments. They now create some invoices and want to pay them off with the down payment recieved. The problem they've come across is that the system does not allow the full clearing of the invoice as when you change the amount to draw to the full amount of the invoice (VAT inclusive), you get the system message "Total amount of down payments must be less than amount of Invoice". So when you apply the down payment you are always left with the VAT part as the balance due on the invoice. This creates a problem as the system now says they still owe us money on that invoice even though they paid more than enough already?? Now they have to ask their customer for another payment as there is still a balance due this invoice and of course this is what they don't want.
So basically the requirement here is to have an invoice with tax fully paid off by the down payment invoice.
Hope you can help.
Many Thanks,
MattHello Matt,
based on my understanding of your scenario I think, it should be covered in SAP Business One version 8.8. I think there should be on the SAP portal preview version available for testing so you can test your particular scenario on the system.
Best Regards,
Martin Slavik
SAP Business One Solution Manager -
Payment to tax heaven countries - Belgium legal requirement
Hi guru's !
as you know in Belgium there is a new legal requirement concerning the payment of a firm to ''tax heaven'' since january 2010
I would like to create a process to be able to do this.
Do you have any experience about this subject ?
Thanks in advance for your support ...
JpHi,
You can activate the Purchase Account management in following path;
SPRO > MM > Valuation and Account Assignment > Account Determination > Purchase Account Management > Activate Purchase Account in Company Code
And then assign the Purchase Account to T/E Key EIN and Purchase Offset A/c to T/E Key EKG in OBYC.
Also assign the Account Key EIN to all the condition types of pricing procedure in M/08 -
Incoming Payments with Tax only issue
Dear Support,
I have a client who wants to do an incoming payment to as they have received a TAX rebate from SARS (South African Revenue Service). The line that she needs to create needs to be 100% tax but the system doesn't allow you to do this. With the outgoing payments you can edit the tax amount as required but with the incoming payments that column is not active for some reason??
Any ideas on how they can process the TAX rebate in SAP? A journal won't work because the VAT report does not look at journals directly posted to the VAT control.
Regards
clayton.Hi Clayton,
Follow the following process as a work around:
1) Create a Tax Group with 100% Tax and SARS as a Business Partner.
2) Create an Invoice for the ex amount R1000 + R1000 Tax (100% VAT). It will also be displayed on the VAT report.
3) On the nest line, Create a negative total for the R1000 with 0% VAT.
This will result in an Invoice total of only R1000 - which will be your tax amount. You can allocate your incoming payment against the invoice as you would normally do.
Kind regards
Carin. -
Vendor down payment with input tax
Dear Expert
My client receieves down payment with input tax, to meet their legal requirement for VAT filing, they have to book entries as below;
When receieving down payment with input tax:
Dr. Down payment
Input tax
Cr. Bank
When receiveing vendor invoice for remaining AP amount:
Dr. Expense
Input tax
Cr. AP (remaining amount)
Then clear down payment by expense
Dr. Expense
Cr. Down payment
They do in this way, because input tax in down payment and input tax in remaining AP invoice should be listed as two items in their VAT report. And intput tax in down payment document is with reference field which is different from reference field in remaining AP invoice, and reference field is also one mandatory field in VAT report.
In this case, I can not use SAP standard T-code F-54 to clear down payment. But when I tried to create a manual JV to post entry with Dr. Expense and Cr. Down payment, it's OK, but then when I used F-44 to manully clear down payment doc by manual JV, I got problem because the amount in down payment is down payment amount + input tax amount, but the amount in manual JV is only down payment.
Does someone have a solution?
Thanks,
NicoleNicole,
Which country is this requirement for? As far as I know, there is no tax incidence on downpayment. Input tax arises only when you receive the invoice, right? Not when you receive a downpayment. -
Additional Service tax line items at the time of payment
Hi friends,
Please look into the following requirement:
At the time of vendor invoice, following entry is passed:
Dr. Expenses 3000
Dr. Service Tax (ST) not accrued Due 100
Dr. Ed. Cess on ST Not accried Due 20
Dr. SHE Cess on ST Not accrued Due 10
Cr. Supplier 3130
In the normal course, at the time of payment the following entries are generated:
Dr. Suppliera/c. 3130
Cr. Bank a/c. 3130
My requirement is: at the time of payment, the service tax components debit entries should be nullified by credit entries and these three items should be debited to new accounts and the entries should be:
=========================
Dr. Suppliera/c. 3130
Dr. Service Tax (ST) 'accrued Due' 100
Dr. Ed. Cess on ST 'accrued Due' 20
Dr. SHE Cess on ST 'accrued Due' 10
Cr. Service Tax (ST) Not accrued Due 100
Cr. Ed. Cess on ST Not accried Due 20
Cr. SHE Cess on ST Not accrued Due 10
Cr. Bank a/c. 3130
==========================
The purpose of the above is to carry forward only the tax applicable to the due account at the time of paying the vendor.
These additionally created three items as 'accrued due' should be taken for adjustment against the output tax liability at the time of making the payment of tax to the Government.
I am not sure whether this is what being following as a general practice.
If this is not so, I look forward your remarks on the procedure to be followed or updation of any SAP Notes.
Full points will be awarded for eligible answers.
Regards,Yes yar. I know the concept of special GL. But I fail to understand how that would be applied in the case.
My requirement is in another terms:
At the time of posting vendor invoice, the ST line items are created and is taken for input credit.
But I dont want that to be taken for credit at that time. Only at the time of payment to the vendor, the same should be credited to my 'due' account. So the line items generated at the time of invoice posting should be nullified with equal credit entries and additional credit entries for availing credit should be generated at the time of payment. This process should happen in the case of output service tax also.
The processes should generate those additional nullifying and crediting 'due' accounts manually when you select the outstanding invoice and click on it for processing.
Am I more clear to you now ? Please offer your comments. Is there any SAP Notes for coping the situation.
Regards -
Withholding Tax(TDS) on Advance(F-48) and On Final Payment-F-53
Hi Expert,
I am facing an issue related to TDS, on vendor advance. Its little different scenario, However rule is whichever is early.
Requirement is like this, generally they deduct TDS on down payment and in case of final Payment. No TDS at the time of invoice booking.
For example- Down payment made to Contractor Rs 200 @ 2%, Total invoice value was Rs 1000. TDS to be deducted on advance will be Rs 4. Invoice booked for Rs 1000.
Hence at the time of payment F-53, system should deduct TDS Rs 16 on Rs (1000-200) Rs 800. How can we achieve same while making payment F-53?
If I have to do same thing in case of invoice (FB60) then I can change TDS base value manually and put Rs 800 then system will calculate automatically.
From configuration point of view I have ticked on-
Change view “Withholding tax type definition-posting at time of paym. Under this ticked both option one by one even its not working.
No centre invoice
Central inv.prop
Regards,
K.PrasadDear Mukthar,
I tried but its not working.During Payment system is adjusting TDS automatically which we paid on Advance but during payment,TDS on final payment is not clearing and not assigned amount is not getting zero.
Step 1: Advance Amount Rs 1000@ 2%
Step 2:Invoice Booked of Rs 5000,no TDS during Invoice booking but payment withholding Tax code was ticked during Invoice booking,as you suggested.
Note:Total Invoice value is Rs 5000 out of which Rs 1000 made as an advance.Please see-step 1.
Step 3:F-54 advance clearing against above Invoice
Step 4: Payment of Rs.4000 subject to TDS
Here is problem,system is calculating TDS on Rs 4000@2% which is correct but not assigned amount is not getting zero.
How to clear this?
Once you click on INR net 4,900 blue line,then amount entered gets 5000.
Now click on WH tax tab,which is showing everything correct. but question is how to clear Rs 80 and not assigned field make Zero.Which is our requirement. If not assigned become zero then issue resolved.
Hope you understand my problem.
If i click on difference posting and simulate then -Not assigned tab gets Zero but it create one open item with Document types-KZ, which again is a issue to clear and you cannot clear.And if you simulate it then system is reversing TDS on advance and final total TDS is crediting this time.Till here no issue. Here is simulation entry-
This you are able to get only once you click on difference posting but in FBL1N with document type KZ Rs 80 would be appear and that you cannot clear anyway.
Vendor Master detail:
Hope you understand my problem,if you run this scenario then you would have more clarity however I covered all process.
Regards,
Prasad -
Tax Payment Wizard-VAT Payment error
Hi friends,
I am trying to do VAT payment using Tax Payment Wizard.System calculates and displays VAT Payable amt,Credit Amt and Payment amt.Then I enter the Direct Payment amt in the Payment means.Then I click 'Next' button.In Step 6 of Tax Pmt Wizard ,General Parameters window opens.Here after filling all the parameters when I click on Next button ,system shows following error message -
In "Value" field, enter number greater than 0 [Outgoing Payments - Accounts - Paid][line: 2] [Message 131-22]
What is the reason? Your expert advice will be a great help.Please reply.
Thanks & Regards
Sudhir JadhavHi Sudhir,
What is your B1 version & PL? There is known bug in certain versions.
Thanks,
Gordon -
Tax is not getting calculated in MIRO
Dear Friends,
I am testing a sceanrio, where miro should calculate discount and tax. Discount is working fine, but not tax
Using MIRO, I entered Basic data, Payment, details, tax tabs details.
In Tax, I selected the tax code and selected Calculate Tax Check box.
All i get is 0.00.
For this test scenario, We are not using PO or GR.
Please let me know how to reslove the issue.
Thanks and Regards
SridharPl. check for following:
- check with your FI person whether he has properly maintained the tax rate in the table.
- If this tax code is with set off then also it will not show the tax
If you want to pay without Po then better create an advance request through F-47/48 & release the payment to vendor.
regards,
Vinay -
While doing MIRO i am getting an error: Enter a tax jurisdiction code
Hi,
While doing a MIRO, i am getting an error :
Enter a tax jurisdiction code
Message no. M8757
How to Resolve
PratikHi
Try this
1.To enter the tax amounts of the G/L account items, choose Extras ® Tax amounts. The Tax Amounts screen appears.
You can branch to this screen at any point during document entry.
The Tax Amounts screen shows the tax amount, tax code, posting key, tax base amount, and jurisdiction code for all the items already entered. When you call up this screen after entering the G/L account items, it displays the amounts that have already been entered.
2.You can now choose how you want to enter the taxes.
The tax jurisdiction codes represent the different taxing authorities to which you submit payment for taxes EG: the state, county, city etc.
In SAP you can have as many as 4 levels. Configuration is done in 2 steps :
First step :
The tax jurisdiction structure (structure of the tax code) is set up with following menu path :
IMG >Financial accounting> Fi Accounting basic settings> tax on sales/purchases > basic settings > specify structure for tax jurisdiction code.
Alternatively you can use t-code OBCO
This step allows you the enter the character length of your various level of hierarchy within your tax jurisdiction code structure (State 2 char, county 3, city 4, etc...).
Second step:
You configure the tax jurisdiction code using the structure defined earlier, menu path :
IMG >Financial accounting> Fi Accounting basic settings> tax on sales/purchases > basic settings > define tax jurisdiction codes.
Alternatively t-code OBCP
Define your tax jurisdiction codes, EG GA0000000 for Georgia, GA001000 for Georgia, douglas county, GA001001 for georgia, douglas county, city of lithia springs. -
Problem With 100% Down Payment A/R Invoice
Hi All,
I am facing a problem while creating a 100% A/R Down Payment Invoice.
Let me describe the steps that I have followed-
1. Initially Customer C1 has :
Account Balance=0, Deliveries=0, Orders=0. It's a new customer.
2. I am adding a Sales Order for this Customer.Details-
Total Amount Before Discount=9000, Tax=360, Total=9360
3. Creating one A/R Down Payment Invoice for this customer and this Sales Order with -
DPM=100%, Applied Amount=9360
4. After that I am creating Incoming Payment of that Down Payment.
Payment Means = By Credit Card. Amount=9360
5. I create a Delivery document based on the Sales Order.
Now Customer details is:
Account Balance=0, Deliveries=9360, Orders=0.
6. I create A/R Invoice based on the Delivery and face the problem. Invoice Details:
Total Amount Before Discount=9000,Total Down Payment=9000,
Tax=360, Total=360, Balance Due=360
Now Customer details is:
Account Balance=360, Deliveries=0, Orders=0.
My expected Result is in Invoice, Total Down Payment should be 9360(which is 9000, ie excluding Tax)
and Balance Due should be 0 (which is 360 now).
I expect all balances of customer should be 0 after step-6.
Am I doing anything wrong or jumping any step or is it a bug?
When I am doing down payment of 50% I am getting the expected result.Hi Sibasish Sengupta
When doing A/R invoice automatically sap shows the down payment value and u should not add the document, if u add like this, what u have told it will happen like that only that is ur tax value will be cary forward.
To avoid this click in down payment check box and give ok or select that A/R down p[ayment then u check it its works fine. Ur A/R invoice will be a Zero value.
I have tested as per ur scenerio its works fine .
giri -
Hi Expert,
I use SAP Business One 2007A SP 00 PL 44, Local Setting : United Kingdom
I have some problems when I create A/P Invoice.
1. I create Purchase Order.
2 item, @ $ 500
Total Before Discount $ 1000
Tax 10% $ 100
Total Payment Due $ 1100
2. I create A/P Down Payment Invoice, based on Purchase Order
Total Before Discount $ 1000
DPM (40%) $ 400
Tax 10% $ 40
Total Payment Due $ 440
Balance Due $ 440
3. I create Outgoing for A/P Down Payment Invoice
I pay by cash $ 440
The problem happen
When I create A/P Invoice for that PO
Total Before Discount $ 1000
Total Down Payment $ 400
Tax $ 0
Total Payment Due $ 600
Balance Due $ 600
I want to ask
Where is the remaining tax (which is $ 60) ?
Because the tax must be paid $ 100, but I have paid $ 40
Thanks a lot
Edited by: Vicky Oktavianus on Mar 17, 2010 7:57 AMHi,
am getting these results..
1. I create Purchase Order.
2 item, @ $ 500
Total Before Discount $ 1000
Tax 10% $ 100
Total Payment Due $ 1100
2. I create A/P Down Payment Invoice, based on Purchase Order
Total Before Discount $ 1000
DPM (40%) $ 400
Tax 10% $ 40
Total Payment Due $ 440
Balance Due $ 440
3. I create Outgoing for A/P Down Payment Invoice
I pay by cash $ 440
4.When I create A/P Invoice for that PO
Total Before Discount $ 1000
Total Down Payment $ 400
Tax $ 60
Total Payment Due $ 660
Balance Due $ 660
Its better to increase the patch level, mine is 15 HOTFIX1
Regards,
Sanju M S. -
Deposit on sales order can't include tax??
I recently posted a thread on prepaid invoices and thought I had my problem resolved. However after a little more testing I realized that B1 is not allowing me to enter a deposit amount for the full invoice amount (Total Before Discount and Tax amount). For example if the invoice is for one item at $300 plus $20 tax then B1 is allowing a maximum deposit of $300. I was hoping I could enter a deposit for the full amount. Is that not possible?
Below is the link to my initial posting should it provide helpul background info.
How to automatically 'draw' a down payment invoice into an invoice?Hi Robert,
I suppose that you issued down payment without tax, right? I think the scenario created by system is as following:
When issuing down payment:
Down Payment: $300
Tax: $20
When issuing invoice:
Invoice: $300
Tax: $0
So when you create the invoice, the down payment drawn should be $300 and no tax is generated because it was already generated before. The tax must be posted at the time of the down payment.
I faced the same problem too so I decided to post the full invoice and then use the reconciliation to offset the invoice with the down payment. Because the tax must be posted based on invoice, not based on down payment. You can consider this option too
Hopefully SAP B1 will manage this situation in the later version.
Cheers,
Marini
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